US Bitcoin Strategic Reserve Probability Hits 65% With Trump Open to Idea

With United States President-elect Donald Trump a few days away from resuming office, crypto enthusiasts are itching to see his first executive order, especially regarding cryptocurrency.

An aspect that particularly interests the industry is Trump’s stance on the growing speculations of a US strategic Bitcoin reserve. Sources close to the 47th US president have confirmed his susceptibility to the initiative, increasing the chances of an executive order in the first 100 days in office.

Data from PolyMarket reflects this growing approval odds, as market participants seem increasingly confident the innovation will pass. According to Polymarket, America’s largest prediction site, the chances that Trump will sanction a national Bitcoin stockpile have reached 65%.

Trump’s Stance on a Bitcoin Reserve

A report made the rounds today that Trump has grown increasingly open to adopting Bitcoin as a national strategic reserve asset. Bloomberg reported that the pro-crypto president views cryptocurrencies as a national issue and plans on establishing a policy that would shape the institute.

Part of the plan includes creating a crypto advisory team, chaired by the czar David Sacks. The group, consisting of high-caliber crypto founders and CEOs, would advise Trump on digital asset-related issues and help create a regulatory framework for the industry.

Furthermore, the council will oversee the creation of a national strategic Bitcoin reserve. Notably, people familiar with the matter disclosed that Trump intends to create this advisory team in the first 100 days in office.

Multiple Strategic Reserve Assets?

Meanwhile, prominent market pundit “db” revealed that Bitcoin may not be the only digital reserve asset in the United States. He cited a post from the New York Post, which reported that Trump is “receptive” to the idea of creating a stockpile of assets native to the US.

The president is reportedly shifting to an America-first strategic reserve stance, favoring assets like XRP, Circle’s USDC, and Solana. Per the report, Trump has met with the founders of these cryptocurrencies and looks primed to sanction the reserve.

Moreover, the United States would not be the first to create a strategic reserve consisting of multiple cryptos. The Royal Government of Bhutan recently adopted Bitcoin, Ethereum, and Binance Coin (BNB) as national reserve assets.